Vimeo to take on Brightcove, Ooyala for video hosting

IAC’s video sharing site Vimeo now offers a pro product aimed at small and medium-sized businesses that want to host video without paying hundreds of dollars a month to do so. Priced at $199 a year, the service severely undercuts similar offerings from Brightcove or Ooyala.

LongTail Video goes freemium with Bits on the Run

LongTail Video has launched a new freemium model for online video distribution that aims to further commoditize the white-label video platform market. With the cost of bits falling, the startup hopes to control more video distribution, which will let it cash in on more advertising.